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Commercial Card View

Posted on January 14, 2010.

Commercial Card View

Why has the rate of charge-offs of commercial loans credit card is the highest among other loans (real estate, loans & i c)

my question is based on a chart available at the FDIC Quarterly Banking Profile, various issues: www.fdic.gov

Credit cards are unsecured, meaning no property about the tapes.
You are not paying your mortgage, you lose your home. You do not pay your car loan, you lose your car.

People mistakenly think that do not pay their credit cards will not cause them problems.

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